{"id":7145,"date":"2019-02-05T14:19:38","date_gmt":"2019-02-05T14:19:38","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/1-shopping-centre-in-kirkcaldy-sells-for-310000\/"},"modified":"2019-02-05T14:19:38","modified_gmt":"2019-02-05T14:19:38","slug":"1-shopping-centre-in-kirkcaldy-sells-for-310000","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/1-shopping-centre-in-kirkcaldy-sells-for-310000\/","title":{"rendered":"\u00a31 shopping centre in Kirkcaldy sells for \u00a3310,000"},"content":{"rendered":"\n<div property=\"articleBody\">\n<figure class=\"media-landscape has-caption full-width lead\"><span class=\"image-and-copyright-container\"><\/p>\n<p>                <img loading=\"lazy\" decoding=\"async\" class=\"js-image-replace\" alt=\"Postings mall\" src=\"https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/440F\/production\/_105232471_capture.png\" width=\"976\" height=\"549\"\/><span class=\"off-screen\">Image copyright<\/span><br \/>\n                 <span class=\"story-image-copyright\">Allsop<\/span><\/p>\n<p>            <\/span><figcaption class=\"media-caption\"><span class=\"off-screen\">Image caption<\/span><br \/>\n                <span class=\"media-caption__text\"><br \/>\n                    Some 14 of the mall&#8217;s 21 shops are vacant<br \/>\n                <\/span><br \/>\n            <\/figcaption><\/figure>\n<p class=\"story-body__introduction\">The shopping centre in Fife which was put up for auction with a reserve price of only \u00a31, has been sold for \u00a3310,000. <\/p>\n<p>A dozen different bidders competed for just five minutes to buy it some online, some over the phone and some in the room, before a phone bidder won it.<\/p>\n<p>The Postings centre, which has 14 of its 21 shops vacant, <a href=\"http:\/\/www.auction.co.uk\/commercial\/LotDetails.asp?A=1106&amp;MP=24&amp;ID=1106000072\" class=\"story-body__link-external\">was being sold by pension fund Columbia Threadneedle.<\/a>. <\/p>\n<p>It follows a spate of retail closures in the town as shopping increasingly moves online. <\/p>\n<p>The centre also has a 299-space car park and its tenants currently include Fife Council, Lloyds Pharmacy and Farmfoods Limited.<\/p>\n<p>It is close to the town&#8217;s pedestrianised High Street, which contains some big-name chain stores, and another shopping centre.<\/p>\n<ul class=\"story-body__unordered-list\">\n<li class=\"story-body__list-item\"><a href=\"https:\/\/www.bbc.co.uk\/news\/uk-england-45707529\" class=\"story-body__link\">More than 200 UK shopping centres &#8216;in crisis&#8217;<\/a><\/li>\n<li class=\"story-body__list-item\"><a href=\"https:\/\/www.bbc.co.uk\/news\/uk-england-46055936\" class=\"story-body__link\">In pictures: The rise and fall of shopping centres<\/a><\/li>\n<\/ul>\n<p>A Columbia Threadneedle spokesperson said: &#8220;We are pleased that The Postings has moved on to a new owner who can hopefully reposition and revitalise it to the benefit of the local community.&#8221;<\/p>\n<p>The Postings opened in 1981, having cost \u00a34.25m to build, and attracted a number of big name retailers throughout the 1990s.<\/p>\n<p>Tuesday also marked the last day of opening for Kirkcaldy&#8217;s branch of Marks and Spencer, which is closing after 80 years in the town.<\/p>\n<p>In November, experts warned that more than 200 shopping centres across the UK were in danger of going into administration.<\/p>\n<p>The closure of major stores like BHS and Toys R Us has hit them hard and, at the time, analyst Nelson Blackley said: &#8220;If centres close, particularly in small towns, it will be catastrophic.&#8221;<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/business-47130516\">Source<\/a> by <a href=\"\">[author_name]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image copyright Allsop Image caption Some 14 of the mall&#8217;s 21 shops are vacant The shopping centre in Fife which was put up for auction with a reserve price of only \u00a31, has been sold for \u00a3310,000. A dozen different bidders competed for just five minutes to buy it some online, some over the phone &hellip; <\/p>\n","protected":false},"author":0,"featured_media":7146,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/7145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=7145"}],"version-history":[{"count":0,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/7145\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media\/7146"}],"wp:attachment":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=7145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=7145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=7145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}